Ukraine: Stepnaya mine resumes operation

Mine No. 10 Stepnaya of Lvivugol resumed operation.

According to Lvivugol, coal is mined in normal mode.

Emergency rescuers are present at the mine.

On March 2, following the explosion 8 miners perished and 20 were rushed to hospital. (Ukrainian metal)

Ukraine: Minerfin and Zaporizhstal to continue investing into ZZhRK development

Minerfin (Slovakia) and Zaporizhstal will not stop investing into the Zaporozhye Iron Ore Complex. “Despite the very difficult situation – two years ago iron ore world prices dropped sharply – we still carried on investing in the construction of the grinding complex. I hope the development of the enterprise will not stop, and together with…

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Ukraine: Mariupol Ilyich reconstructing sinter factory

Mariupol Ilyich Iron and Steel Works is continuing the reconstruction of the gas-purifying system at its sintering factory. “Builders are active in the construction of the desulfurization complexes of sintering machines No. 7-9”, the company CEO Yuri Zinchenko reported. “In a month all the metal structures will be assembled (120 tons have been assembled so…

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Russia: cobalt and nickel output down in January 2017

In January raw cobalt production in Russia decreased by 7.9% YoY and by 0.5% MoM.

According to the Federal Service of State Statistics, raw nickel output dropped by 40.7% YoY and by 27% MoM. (Ukrainian metal)

Russia: NLMK cash flow up in 2016

In 2016 NLMK Group increased its EBITDA profitability by 25% YoY and its free cash flow by 9%, to $1.1 billion. According to the company statement, its revenue reached $7.64 billion. EBITDA remained flat at $1.94 billion. Investments dropped by 6%, to $559 million. The net debt of the group decreased to $0.69 billion. (Ukrainian…

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Russia: Meta Group scrap sales up in 2016

In 2016 Meta Group, a part of ChTPZ, sold 1.354 million tons of scrap, up by 4% YoY, with 760 thousand tons being the group procured scrap, and 594 thousand tons – transit scrap. Meta-Perm demonstrated the growth of 6.1 thousand tons, Vtorchermet – 10.6 thousand tons, Meta-Chelyabinsk – 17.1 thousand tons, and Meta-Yekaterinburg –…

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Ukraine: ZZhRK reaches 68 million tons ore horizons

Zaporozhye Iron Ore Complex has gained access to ore reserves of 68 million tons.

The construction of the new grinding complex and the new ore deposits will create 152 new jobs.

In 2012-2016 ZZhRK invested over 1.86 billion UAH into development and modernization. (Ukrainian metal)

Russia: MMK modernizing sinter factory

Magnitogorsk Iron and Steel Works has finished the reconstruction of the sulfur-recovery machines in the sinter factory No. 2. According to the company information, the sulfur-recovery system of the sinter factory No. 2 provides for the 95% purification of gases. The first purification system was put into operation in 2015, the second and the third…

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Russia: Korshunovsky GOK repairs gas-purification system

The processing factory of the Korshunovsky Mining and Processing Works, a part of Mechel, has put into operation 2 dust extraction machines for gas-purification after repairs.

The renewed machinery will improve extraction efficiency and provide more comfortable working condition for the employees.

The total cost of the repairs reached 1 million rubles. (Ukrainian metal)

Kazakhstan: Kazakhmys 2016 results

In 2016 Kazakhmys Corporation produced 225.657 thousand tons of copper cathodes, up by 2.5% YoY, or by 5.4 thousand tons. The average copper contents in ore totaled 0.95%, up by 1.1% YoY. In 2016 Kazakhmys factories processed 29.8 million tons of ore. This year the corporation intends to produce 232.6 thousand tons of copper cathodes.…

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Russia: metal market situation discussed in Moscow

Moscow hosted a round table on metal market situation. Among the presenters were Zhanna Pets, the ChTPZ information-analytical department director, Arthur Krasavin, Mechel-Service marketing department director, and Zhanna Raus, Dialvest development director. In particular, Zhanna Pets reported on pipe market situation, noting that in 2017 it would decrease by 1% YoY, to 9.99 million tons.…

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Russia: titanium output up in January 2017

In January output of raw titanium in Russia increased by 1.3% YoY and by 1.2% MoM.

According to the Federal Service of State Statistics, titanium semi-finished products (wire, rods and sections) output increased by 13.1% YoY, but dropped by 28.8% MoM. (Ukrainian metal)

Russia: Profil-Akras produces 5.5 thousand tons of pipes in February 2017

In February the Pipe Works named after Makarov (Profil-Akras) produced 5500 tons of pipes.

Deliveries to the local market reached 5700 tons, while exports stood at 2 thousand tons.

The company continues preparing for the start of the season, and March will see some scheduled repairs to ensure stable operation in summer. (Ukrainian metal)